New Delhi, Jan. 14 -- The government may roll out incentive packages worth up to Rs.23,000 crore in the Union Budget 2026 to boost domestic manufacturing of high-value capital goods and reduce dependence on imports, according to an Economic Times report.

The schemes are currently under preparation and could be announced in the upcoming budget.

According to the report, the proposed incentives are likely to be split across two key segments: construction equipment and the automobile value chain, as part of efforts to strengthen the domestic capital goods ecosystem and reduce import reliance.

* A Rs.14,000-16,000 crore incentive programme is being planned for the construction equipment sector.

* The focus will be on indigenizing high-end ...